The market may have lacked shine, but investors are comfortably sitting on significant amounts of profits.
The data suggests that gains are largely focused on large-cap tokens and meme coins, while altcoins have taken a backseat.
The latest findings from IntoTheBlock x.com/intotheblock/status/1803690287258063014″ target=”_blank” rel=”noopener” data-wpel-link=”external”>revealed That bitcoin (btc) leads the pack with 89.11% of its holders currently making profits, demonstrating its continued dominance in the market despite the launch of a flood of different types of tokens in recent years.
Next in line is ethereum (eth), which has 83.19% of its holders in profit, reflecting its strong performance, which could be further boosted by the possible introduction of the ethereum spot ETF after The US Securities and Exchange Commission (SEC) gave the green light to the applications. from various issuers.
Meme coins have led massive rallies this year, so it is no surprise that these tokens have captured a large portion of the chart. In the lead are Pepe (PEPE) and Floki (FLOKI), with 80.57% and 76.85% profits, respectively.
Meanwhile, the OG meme coin Dogecoin (DOGE) and the recently launched Jasmycoin (JASMY) followed closely, with investors posting gains of 74.99% and 72.18%, respectively.
In addition to meme coins, other popular cryptocurrencies with a high percentage of profitable holders include Tron (TRX), Ondo (ONDO), Maker (MKR), and bitcoin Cash (BCH), with gains of 82.07%, 75.61 %, 75.45%. and 72.54%, respectively.
“This suggests that substantial gains are concentrated in large caps and memecoins, while other altcoins are still awaiting their breakthrough moment.”
Binance Free $600 (CryptoPotato Exclusive) – Use this link to register a new account and receive an exclusive welcome offer of $600 on Binance (All the details).
LIMITED OFFER 2024 on BYDFi Exchange: Welcome reward up to $2,888, use this link to register and open a position of 100 USDT-M for free!
<!– ai CONTENT END 1 –>
